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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,492JPY
23 Apr 2018
Change (% chg)

¥4 (+0.27%)
Prev Close
¥1,488
Open
¥1,488
Day's High
¥1,494
Day's Low
¥1,479
Volume
770,600
Avg. Vol
1,477,824
52-wk High
¥1,713
52-wk Low
¥1,010

Latest Key Developments (Source: Significant Developments)

Toa Oil to raise stake in Kanagawa-based unit to 100 pct from 60 pct
Wednesday, 14 Feb 2018 02:06am EST 

Feb 14 (Reuters) - Toa Oil Co Ltd <5008.T>:Says it plans to raise stake in Kanagawa-based unit to 100 percent from 60 percent .Says the unit is mainly engaged in supply of electricity and steam .Says acquisition price will be decided later .  Full Article

Idemitsu Kosan & Showa Shell Sekiyu Entity To Be Launched Next Spring - Nikkei
Tuesday, 19 Dec 2017 06:24pm EST 

Dec 20 (Reuters) - NIKKEI::IDEMITSU KOSAN & SHOWA SHELL SEKIYU ENTITY TO BE LAUNCHED NEXT SPRING WITH 300 PERSONNEL FROM BOTH SIDES - NIKKEI .IDEMITSU KOSAN & SHOWA SHELL SEKIYU ARE FORMING A NEW ORGANIZATION NEXT SPRING TO MANAGE THEIR KEY OPERATIONS UNDER ONE ROOF - NIKKEI.LAUNCH OF NEW ENTITY BY IDEMITSU KOSAN & SHOWA SHELL SEKIYU WILL HELP SLASH COSTS BY AT LEAST 30 BILLION YEN ($265 MILLION) OVER 3 YEARS - NIKKEI.  Full Article

SHOWA SHELL SEKIYU to take over business from GYXIS
Tuesday, 19 Dec 2017 01:52am EST 

Dec 19 (Reuters) - SHOWA SHELL SEKIYU KK <5002.T> ::Says it plans to take over Hekinan-based LPG depots operation business from GYXIS CORP, effective on July 1, 2018.Transaction amount is 3.12 billion yen .  Full Article

Founding family ups stake in Idemitsu to over 28 pct
Monday, 18 Dec 2017 02:22am EST 

TOKYO, Dec 18 (Reuters) - :Founding family of Idemitsu Kosan <<<5019.T>>> has increased stake in Idemitsu to above 28 percent by buying shares, lawyer representing family says.Founding family remains firmly opposed to the integration of Idemitsu and fellow refiner Showa Shell Sekiyu <<<5002.T>>>, Yohei Tsuruma says in statement.Idemitsu said in August that the new share sale had diluted the founding family's stake in Idemitsu to about 26 percent, from more than a third previously, eliminating its ability to veto the proposed integration with Showa Shell nL4N1L02Z7.  Full Article

R&I affirms Showa Shell Sekiyu's rating at "A-" and says stable outlook-R&I
Monday, 7 Aug 2017 03:33am EDT 

Aug 7 (Reuters) - Showa Shell Sekiyu KK <5002.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-"-R&I.* Rating outlook stable-R&I.  Full Article

Idemitsu to proceed with new share issue as scheduled
Monday, 17 Jul 2017 11:18pm EDT 

July 18 (Reuters) - Idemitsu Kosan Co Ltd <5019.T>: :Idemitsu Kosan confirms Tokyo court rejection of founding family's petition for injunction against new share issue .Idemitsu says to proceed with new share issue as scheduled .  Full Article

Showa Shell Sekiyu to transfer lubricant business to Tokyo-based lubricant subsidiry
Wednesday, 12 Jul 2017 02:43am EDT 

July 12 (Reuters) - Showa Shell Sekiyu KK <5002.T>:* Says it will transfer lubricant business to Tokyo-based lubricant subsidiary, effective Nov. 1 .  Full Article

Showa Shell Sekiyu establishes split preparatory company
Friday, 12 May 2017 03:33am EDT 

May 12 (Reuters) - Showa Shell Sekiyu KK <5002.T>:* Says it establishes Tokyo-based split preparatory company on May 12, to take over lubricating oil related business in 2017.* Says further details remains to be determined.  Full Article

Idemitsu Kosan says business alliance with Showa Shell Sekiyu
Tuesday, 9 May 2017 02:10am EDT 

May 9(Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it has signed an agreement with Showa Shell Sekiyu K.K.<<<5002.T>>> , regarding formation of an alliance between both company groups to enhance and promote business collaboration prior to the business integration of the companies .Says two companies will cooperate in domestic petroleum business, promotion of harmonization, new services from the perspective of customers and social contribution activities .  Full Article

TAKAMISAWA to buy stake in JONEN at 1.04 bln yen
Friday, 24 Mar 2017 02:35am EDT 

TAKAMISAWA Co Ltd <5283.T> : Says it disclosed transaction amount on acquisition of stake in JONEN Corp, as 1.04 billion yen . Transaction date is April 3 .Previous plan was disclosed on Feb. 6.  Full Article

Japan's Showa Shell sees Q2 crude refining down 1 pct y/y

TOKYO, April 2 Japan's Showa Shell Sekiyu KK said on Monday its group refineries would refine 1 percent less crude for the local market in April-June compared with a year ago, in line with their outlook for domestic demand.